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Business, 16.11.2020 18:10 blackjack73

One-year Treasury securities yield 4.25%. The market anticipates that 1 year from now, 1-year Treasury securities will yield 6.9%. If the pure expectations theory is correct, what is the yield today for 2-year Treasury securities? Calculate the yield using a geometric average.

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One-year Treasury securities yield 4.25%. The market anticipates that 1 year from now, 1-year Treasu...
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